NOT LISTED FOR SALE

1198 Queenstown Rd Lancaster, VA 22503

Estimated Value: $421,000 - $636,765

3 Beds
2 Baths
1,376 Sq Ft
$400/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $510,000 $371 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,149/month

9 Days on Market

Highlights

  • Water Views
  • Home fronts navigable water
  • Boat Ramp
  • Docks
  • River Access
  • Boat Lift

About This Home

As of March 2022

Quaint waterfront cottage on the Corrotoman River. Wide water views, minutes from Yankee Point Marina, Weems, Rappahannock River. Shared dock with 10000# boatlift, deck area, kayak pad. Home has 3 bedrooms, 2 baths, updated stainless steel appliances, hardwood floors. There is a separate building used as an office, entertaining area with pool table, weights, and attached shop and potting room. the office is heated and cooled. Easy commute to Richmond, Northern VA, Kilmarnock and Irvington. Merry Point Ferry is minutes away.

Last Agent to Sell the Property

Byrl Taylor

Shaheen Ruth Martin & Fonville Real Estate License #0225051198 Listed on: 02/10/2022

Last Buyer's Agent

Janice Bowry

River Hill Realtors LLC License #0225210542

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1968

Lot Details

  • 1.08 Acre Lot
  • Home fronts navigable water
  • River Front
  • Partially Fenced Property
  • Sloped Lot
  • Wooded Lot
  • Zoning described as R1

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Sliding Doors
  • Dining Area
  • Workshop
  • Water Views
  • Sump Pump

Kitchen

  • Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • River Access
  • Mooring
  • Boat Lift
  • Boat Ramp
  • Docks
  • Dock Available
  • Deck
  • Gazebo
  • Shed
  • Outbuilding

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Shared Well
  • Water Heater
  • Engineered Septic

Community Details

  • Community Bulkhead

Listing and Financial Details

  • Assessor Parcel Number 26-104A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1968
  • Property Attached Yn: No
  • Lot Size Acres: 1.08
  • Water Body Name: Corrotoman
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Sump Pump
  • Appliances: Down Draft, Dryer, Dishwasher, Electric Water Heater, Freezer, Gas Cooking, Microwave, Oven, Range, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace Features: Gas, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Laminate Counters, Pantry, Workshop
  • Living Area: 1376.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None, Partial
  • Lot Features: Sloped, Wooded, Waterfront
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Mooring, Navigable Water, River Front, River Access, Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Boat Lift, Deck, Dock, Out Building(s)
  • Other Structures: Shed(s), Utility Building(s), Gazebo, Outbuilding
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Circular Driveway, Off Street

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Central Air, Heat Pump
  • Sewer: Engineered Septic
  • Water Source: Community/Coop, Shared Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Bulkhead

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Topography: Sloping
  • Parcel Number: 26-104A
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2338.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 6, 2022
Sold by
Skovera Family Revocable Living Trust
Bought by
Bowry James E
Seller's Agent
Byrl Taylor
Shaheen Ruth Martin & Fonville Real Estate
Buyer's Agent
Janice Bowry
River Hill Realtors LLC
List Price
$559,300
Sold Price
$510,000
Premium/Discount to List
-$49,300
-8.81%
Current Estimated Value
$550,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,691
Avg. Annual Appreciation
2.19%
Original Mortgage
$357,000
Outstanding Balance
$332,946
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$217,745

Purchase Details

Closed on
Feb 3, 2021
Sold by
Skovera Terry F
Bought by
Skovera Terry F and The Skovera Family Revocable L
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bowry James E $510,000 First American Title
Skovera Terry F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowry James E $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $510,000 -8.8% $371 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $559,300 -- $406 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,620 $476,300 $200,000 $276,300
2023 $2,338 $371,100 $180,000 $191,100
2022 $2,338 $371,100 $180,000 $191,100
2021 $2,338 $371,100 $180,000 $191,100
2020 $2,338 $371,100 $180,000 $191,100
2019 $2,338 $371,100 $180,000 $191,100
2018 $2,498 $423,400 $229,000 $194,400
2017 $2,498 $423,400 $229,000 $194,400
2016 -- $423,400 $229,000 $194,400
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Byrl Taylor

    Shaheen Ruth Martin & Fonville Real Estate

    (804) 356-7879

    22 Total Sales

    Byrl Taylor
    Section Image
  • Janice Bowry

    Buyer's Agent in 2022

    Janice Bowry

    River Hill Realtors LLC

    (804) 389-1278

    32 Total Sales

    Janice Bowry
    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2203381

Chesapeake Bay & Rivers Association of REALTORS®

APN: 26-104A

Virginia Lancaster County Lancaster 22503

1198 Queenstown Rd, Lancaster, VA

This home is located at 1198 Queenstown Rd, Lancaster, VA 22503 since 10 February 2022 and is currently estimated at $550,691, approximately $400 per square foot. This property was built in 1968. 1198 Queenstown Rd is a home located in Lancaster County with nearby schools including Lancaster Primary School, Lancaster Middle School, and Lancaster High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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